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Plaza Los Sauces is a neighborhood retail plaza situated in Zapopan Norte, within the Villas de Zapopan residential area of the Guadalajara metropolitan region, Mexico. Developed as a community-oriented center, it comprises 50 commercial spaces ranging from 40 square meters for small shops to 1,700 square meters for potential anchor tenants, totaling an estimated gross leasable area of around 10,000 square meters.

The property offers 148 parking spaces and 24-hour security, emphasizing local accessibility over regional draw. Surrounding demographics include over 250,000 residents from nearby housing developments, contributing to a stable customer base for daily needs. In the context of Guadalajaras retail market, which saw sales growth of 4.5 percent in 2023 per INEGI data, Zapopan benefits from urban expansion and a population density supporting convenience retail.

Tenant mix focuses on essential services, including grocery stores, pharmacies, local restaurants, and personal care outlets, avoiding heavy competition in fashion or entertainment categories.

Leasing advantages encompass affordable entry points with rents averaging 350-400 MXN per square meter monthly for smaller units, flexible lease terms, and low operational costs due to the plazas compact scale. However, drawbacks include limited footfall compared to larger venues, potential access constraints from traffic on Av. Camino a San Isidro, and vulnerability to economic slowdowns affecting middle-income households.

Occupancy hovers around 80 percent based on available listings, with opportunities for new tenants in underserved segments. Market factors such as rising e-commerce penetration at 15 percent annually pose risks, while strengths lie in the areas family-oriented demographic and proximity to educational institutions like CUCEA.

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Hours of Operation

Hours

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Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

Av. Prolongación Río Blanco No. 82, Zapopan, Mexico

Insights

Demographic Profile

Zapopan boasts a population of approximately 1.48 million as of 2020 census data, with the Villas de Zapopan area featuring a median age of 28 years and a predominance of middle-class families and young professionals. Average household incomes range from 15,000 to 25,000 MXN monthly, fostering demand for affordable everyday retail. The plazas location near residential zones ensures consistent local traffic, but broader metro economic disparities may limit higher-end spending. Growth in the 25-44 age group, at 35 percent of the population, supports service and convenience categories, though seasonal migration patterns could affect year-round stability.

Accessibility and Infrastructure

Plaza Los Sauces is accessible via Av. Camino a Bosque de San Isidro, linking to key routes like the Anillo Periférico, providing reasonable connectivity within 15-20 minutes to central Guadalajara. However, with only 148 parking spots for 50 tenants, congestion during evenings and weekends presents a challenge, potentially deterring drive-in shoppers. Public transport options are limited, relying on local buses, which may impact footfall from non-driving demographics. Infrastructure appears functional but lacks modern amenities like EV charging or extensive green spaces beyond basic landscaping, contrasting with newer developments. Overall, the setup suits quick-visit retail but requires traffic management to optimize performance.

Competition and Market Risks

In Guadalajaras competitive retail landscape, Plaza Los Sauces faces pressure from nearby major malls such as Plaza del Sol with over 200,000 square meters GLA and annual footfall exceeding 20 million, and Plaza Patria offering diverse tenant mixes. As a smaller neighborhood center, it avoids direct rivalry in big-box retail but contends with strip centers and online alternatives eroding 10-15 percent of physical sales annually per retail reports. Risks include moderate occupancy at 75-85 percent and potential saturation in convenience categories, with vacancy rates in Zapopan at 6 percent in 2024. Strengths include lower rents enabling niche operations, though economic volatility in manufacturing sectors could reduce local spending by 5-7 percent during downturns.

Building Details

Property Type
Neighborhood
Gross Leasable Area
5000
Year Built
2014
Parking Spaces
1500
Average Monthly Footfall
166,667
Owner
Unknown
Anchor Tenants
Farmacias Similares, Farmacias Benavides, AT&T

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
10 km
Catchment area population
300,000 People
Population growth rate
1.5 %
Median age
32 Years
Household size
3.5 Persons
Education level (tertiary)
25.0 %

Median household income
25,000 USD
Unemployment rate
3.0 %
Cost of living index
110 Index points

Retail spending per capita
2,000 USD
Spending on apparel
300 USD per year
Spending on groceries
1,500 USD per year
Spending on electronics
200 USD per year

Annual foot traffic
2,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
30.0 %
Sales per square meter
5,000 USD

Number of retail stores
80 Stores
Anchor tenant presence
Yes Presence
Competitor density (same category)
Medium Density
Tenant diversity
High Diversity
Unique Concepts
10 Concepts

Gross Leasable Area
5,000 sqm
Number of Levels
2 Levels
Average rent per square meter
20 USD
Vacancy rate
5.0 %
Lease term flexibility
Medium Flexibility
Available retail space
2,000 sqm

Proximity to main roads
Adjacent Proximity
Public transport access
Good Access
Parking spaces
1,500 Spaces
Pedestrian traffic
High Traffic

E-commerce competition
High Competition
Click-and-collect adoption
20.0 %
Internet penetration
80.0 %

Retail crime rate
Low Rate
Security measures
CCTV and guards Measures

Promotional events
12 Events per year
Loyalty program penetration
15.0 %
Digital signage presence
Yes Presence

Projected foot traffic growth
5.0 %
New tenant pipeline
5 Tenants
Mall expansion plans
Planned Plans
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Zapopan, JAL

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